Ecommerce and electronics traffic give Cathay Cargo results a lift
Cathay Cargo’s 2024 results were boosted by ecommerce and electronics, giving it a 11% hike ...
Lufthansa Cargo said it had a record set of results in the fourth quarter – but the passenger business let down overall results.
The cargo arm said revenue was up 10%, to €3.26bn, while adjusted ebit rose 15%, to €251m. Capacity rose 9%, while sales, measured in freight tonne km went up 9%.
The fourth quarter – its best outside of the Covid era – saw adjusted ebit of €199m. It said it had benefited from “persistently high cargo rates and by ...
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